9 Belmore Avenue Mount Druitt NSW 2770

THE EXCITING STUFF:

Whichever way you look at it, this property is an absolute winner.

In short you've got a large block of land (approx 2965sqm) with one long building comprising seven strata-titled factories.

They're all securely leased providing healthy returns with huge uplift in income.

Approximate sizes range from 125 to 173sqm and they each come with 3 or 4 designated car spaces (40 in total).

Terrific future potential here as well. Icing on the cake is the location - a thriving industrial precinct smack bang in the heart of Mount Druitt with bus stop out front, walking distance to Mt Druitt Station and Westfield Shopping Centre, as well as easy access to both M4 and M7 motorways and the new Western Sydney Airport.

THE OTHER BITS:

• Light Industrial Zoning (IN2)
• Total building area approx 1038 Sqm
• Land area of approx 2965 Sqm
• Flat block with uniform dimensions and a frontage of 29.5 Meters to Belmore Avenue.
• Approx 6m internal ceiling height
• Easy access for heavy vehicles
• Current 1-3 year fixed leases in place
• Passing income approx $158,256 plus GST
• Approx $180 per sqm gross yield
• Improved yield potential up to approx $186,000 plus GST
• Value-adding renovation potential
• Long-term redevelopment potential (STCA)
• First-time offered for sale in over 30 years

THE FINAL WORD:

There's no video, but if there was we'd call it The Magnificent Seven

Contact agents:

L+S Commercial:

Michael Buium 0408 385 385

In Conjunction with L+S Freshwater:

Alex Augustyniak
0499 977 800